Aspen Insurance, the insurance segment of Aspen Insurance Holdings Limited (“Aspen”) (NYSE:AHL), has announced the appointment of new global product heads as part of its strategy to leverage its global platform and better align product capabilities and distribution:

  • Oliver Brew has been appointed Executive Vice President, Global Head of Cyber Risk & Head of International Professional Indemnity. Initially based in the U.S., Oliver will relocate to London in mid-2016. Oliver was until recently Senior Vice President, Head of Errors & Omissions (E&O) with Liberty International Underwriters. He brings more than seventeen years of industry experience to Aspen, with strong technical and underwriting expertise.
  • Bruce Eisler, who joined Aspen in January 2010, has been named Global Head of Professional Liability. In his new role, Bruce will develop a growth plan across new markets and geographies. He most recently served as Executive Vice President, Head of U.S. Financial & Professional Lines, creating a profitable and expanding business, managing an underwriting team across five offices in the U.S. He will continue to serve in this role through a transition period.
  • Don Harrell has been appointed Global Head of Marine & COO of International Operations. He will initially join Aspen in the U.S. and then relocate to London in 2016. With nearly twenty five years of industry experience, Donald joins Aspen from Liberty International Underwriters, where he most recently served as Senior Vice President of Marine, managing an underwriting team of more than fifty and holding P&L responsibility for a significant book of business.
  • Tim Kania has been appointed Global Head of Onshore Energy & Construction and will be based in New York. Tim brings nearly thirty years of industry experience to Aspen, most recently serving as Senior Vice President of Energy & Construction at Liberty International Underwriters, overseeing the growth and profitability of both U.S. and global businesses.
  • Peter Slot joined Aspen Insurance in early 2015 and was appointed Global Head of Accident & Health. Based in London, Peter joined from Beazley, where he was Head of Accident and Health (A&H) in the U.S., with responsibility for both insurance and reinsurance. Prior to this, he was the regional underwriting manager, A&H U.K. and Ireland for AIG, and also held previous underwriting roles at Houston Casualty Company (London) and Kiln Syndicate.

Aspen had previously announced the appointments of the following global product heads:

  • Dave Adamczyk, Global Head of Railroad
  • Bill McElroy, Global Head of Environmental

Mario Vitale, Chief Executive Officer, Aspen Insurance, commented, "Our new global product heads are representative of our effort to appoint the very best underwriting talent to our team and to further develop the outstanding leaders we have within Aspen. They bring a wealth of experience and expertise in each of their respective areas, which will be a great asset to us as we continue to globalize our product offerings and align our business to benefit our customers and brokers. I look forward to working together with our enhanced and expanded team to continue to build upon Aspen’s platform for growth.”

NOTES TO EDITORS:

About Aspen Insurance Holdings Limited

Aspen provides reinsurance and insurance coverage to clients in various domestic and global markets through its subsidiaries and offices in Australia, Bermuda, France, Germany, Ireland, Singapore, Switzerland, the United Kingdom and the United States. For the year ended December 31, 2014, Aspen reported $10.7 billion in total assets, $4.8 billion in gross reserves, $3.4 billion in total shareholders’ equity and $2.9 billion in gross written premiums. Its operating subsidiaries have been assigned a rating of “A” (“Strong”) by Standard & Poor’s Financial Services, an “A” (“Excellent”) by A.M. Best Company Inc. and an “A2” (“Good”) by Moody’s Investor Service, Inc.

Application of the Safe Harbor of the Private Securities Litigation Reform Act of 1995

This press release contains "forward-looking" statements regarding future results and events, including, without limitation, statements regarding its personnel and achievement of Aspen’s strategies and business plans. Forward-looking statements include all statements that do not relate solely to historical or current facts, and can be identified by the use of words such as “expect,” “intend,” “plan,” “believe,” “do not believe,” “aim,” “project,” “anticipate,” “seek,” “will,” “likely,” “assume,” “estimate,” “may,” “continue,” “guidance,” “objective,” “outlook,” “trends,” “future,” “could,” “would,” “should,” “target” and similar expressions of a future or forward-looking nature.

All forward-looking statements rely on a number of assumptions, estimates and data concerning future results and events and are subject to a number of uncertainties and other factors, many of which are outside Aspen’s control that could cause actual results to differ materially from such statements. For a detailed description of uncertainties and other factors that could impact the forward-looking statements in this press release, please see the “Risk Factors” section in Aspen’s Annual Report on Form 10-K for the year ended December 31, 2014 filed with the U.S. Securities and Exchange Commission on February 23, 2015. Aspen undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Please visit www.aspen.co or contact:InvestorsMark Jones, +1-646-289-4945Senior Vice President, Investor Relations, Aspenmark.p.jones@aspen.coorMediaDouglas Menelly, +1-646-289-4960Senior Vice President, Aspen Insurancedoug.menelly@aspen-insurance.comorKaren Green, +44 20 7184 8110Office of the CEO, AspenKaren.Green@aspen.coorInternational – Citigate Dewe RogersonCaroline Merrell or Jos Bieneman, +44 20 7638 9571caroline.merrell@citigatedr.co.ukjos.bieneman@citigatedr.co.ukotNorth America – Abernathy MacGregorCarina Davidson or Erin Smith, +1-212-371-5999ccd@abmac.comeks@abmac.com

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